Local Business News
A new focus on start-up companies
The Wisconsin Angel & Seed Acceleration Program - or ASAP! - will be leveraged with private-sector investments to significantly increase funding to talented entrepreneurs in a much more timely manner than what presently exists. Rather than grants, the leveraged co-investment from ASAP! will be in the form of equity with profits returned directly to the state. This will facilitate a much more efficient path to getting promising opportunities launched and growing.
UW-Sheboygan's aquaponics lab gives students new perspective on growing food
When you plant your garden, do you expect to get vines taller than you are in a matter of weeks? You might if you use fish.The University of Wisconsin-Sheboygan's aquaponics lab — a closed ecosystem that uses nothing but fish, water and bacteria to grow plants — is giving students a whole new look at how to grow food indoors in a sustainable and environmentally responsible way.
Aurora to open Sheboygan County's first NICU
Aurora Sheboygan Memorial Medical Center has announced that next month it will open the county's first neonatal intensive care unit, which will keep premature babies and their families from traveling to Green Bay and Milwaukee for care.The new unit will serve babies born at 32 weeks or later that require more intensive treatments, including respiratory care, antibiotic therapy and various diagnostic testing.
Renewable incentives will favor biomass, biogas over wind, solar
The state Focus on Energy program will target its renewable energy funding toward biomass and biogas technologies, leaving fewer dollars available for wind energy and solar projects.
J.L. French CEO: Ownership change will have positive impact on Sheboygan operation
The CEO of Sheboygan-based J.L. French Automotive Castings, Inc., said Friday that the pending sale of the company to a Mexican automotive components supplier should bring long-term stability and growth to the company’s Sheboygan operations. The sale to Tenedora Nemak S.A. de C. V., a subsidiary of ALFA S.A.B. de C.V., was announced Thursday and is expected to close by mid-August, pending regulatory approval. Terms of the deal were not disclosed.
American Orthodontics set to begin move to former Thomas Products plant
The Sheboygan Plan Commission has given the go-ahead on a plan for Sheboygan-based American Orthodontics to remodel the former Thomas Products factory into its new headquarters.
J.L. French, Dutchland Plastics, Dairy Farmers of America share $164K grant
Three local companies will share $164,122 in Workforce Advancement Training grants from the State of Wisconsin.
Governor Signs Bill for Angel Investment Program
MADISON, April 5, 2012 – Governor Scott Walker today signed Senate Bill 463 into law, legislation that makes improvements to the state’s Angel Investment and Early Stage Investment Tax Credit Program.
Council OKs $250,000 to dredge inner harbor
The Sheboygan Common Council on Wednesday unanimously approved spending $250,000 to help dredge tainted sediment from the Sheboygan River's inner harbor east of the Eighth Street Bridge.The money will come from the city's undesignated reserve fund and will match another $250,000 pledged to the project last month by the Sheboygan County Board. The funds are necessary to match a $1.5 million Department of Transportation Harbor Assistance Program grant that will pay for trucking 170,000 cubic yards of sediment dredged from that part of the river to a landfill in Menomonee Falls.
Sargento expansion will add 50 jobs
HILBERT — Sargento Foods announced plans to expand its facility in Hilbert 30,000 square feet at a cost of $12 million.The company in a statement said the addition is needed to expand production space for its growing sauce business. The expansion is expected to create up to 50 new jobs over the next five years.
